volatile during this quarter. However, Thailand’s financial stability was satisfactory due to a high current account surplus and rising demand for imported raw materials used in export-oriented manufacturing
circumstances, the Bank of Thailand increased the policy rate from 1.50% to 1.75% in December 2018 to balance the economic growth momentum and the stability of the financial system. The performance of Central
). 4.2 Insurance Service, the bank provides various insurances to respond the customers’ needs and to enhance a financial stability in the future with worthy benefits. The insurance products consists of
, China’s economic restructuring and financial stability, and geopolitical circumstances, which could impact volatilities in the financial markets and exchange rates. At the same time, key domestic risks
circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2019, from 4.1% to 3.8%, as well as maintain the policy rate at 1.75% to balance the economic growth momentum and the stability of
Thai economy growth outlook in 2019, from 3.8% to 3.3%, whereas maintain the policy rate at 1.75% to balance the economic growth momentum and the stability of the financial system. The performance of
in merchandise exports, which started to impact domestic demand. Going forward, the risks to financial system stability need to be managed cautiously through both microprudential and macroprudential
preparation for the adoption of IFRS 9, which will be effective in 2020, it would help supporting the financial stability in the Thai commercial banking system in order to accommodate loan growth in the next
uncertainties surrounding the global economy, such as the trade war, financial stability in China and intensified geopolitical conflicts. The performance of Central Pattana Public Company Limited (“The Company